Here’s How . . .
Before We Meet, I Will –
- Create a listing contract
- Complete other required documents: closing Instructions, property disclosure, showing instructions, lead paint disclosure, etc.
- Create seller file
- Discuss needed maintenance/repair
- Discuss preparation for showings
Together, We Will –
- Complete and sign listing documents, discuss showing instructions, and which fixtures stay or go (inclusions/exclusions)
- Discuss choice of title company
- Collect HOA documents, or how to access them. Set HOA documents up in electronic form so buyer agents can access them
- Set aside a key to use in the lockbox
- Install lockbox
- Discuss how to prepare the home for showing, and whether any renovations can be done to increase sale price.
- Discuss securing all valuables, prescription medicines, and personal documents before showings
- Determine commission, including 2.5% or more to buyers’ agents.
Everything is Set in Motion for Marketing –
- Scan and email all signed documents, or copy and deliver, to seller. Or, if signed electronically, email PDF version to seller
- Place sign in yard.
- Create Property Notebook, if seller desires
- Deliver Lead Paint Booklet to property
- Create temporary fliers and stock sign box with them
- Take photographs
- Download and edit photographs
- Upload listing to MLS
- Upload documents to MLS
- Create enticing text
- Upload photographs
- Add enticing text to photographs
- Add listing to showing/feedback service
- Create full-color fliers and stock sign box
- Create mini-fliers and deliver
- Create property listing on our website
- Enroll property on MLS
- Write blog and post to multiple sites
- Write neighborhood blog post (if not already completed) and post to same sites
- Post ad on Craig’s List’
- Update seller on progress of marketing efforts
- Respond to buyer inquiries
- Show home to unrepresented buyers
- Hold weekday open house (if desired) for brokers, hand out mini-fliers for them to share with clients, etc.
- Hold weekend open house (if desired) for the public
- Respond to agent inquiries
- Show home to represented buyers at their agent’s request
- Update seller on marketing, any ‘tweaking’, number of hits, etc.
- Review buyer/agent feedback with seller
- Perform updated market review
- Inform seller of any pertinent activity in market (other homes sold, under contract or newly listed in their area)
- Refresh MLS listing, as needed
We Have an Offer!!
- Notify seller s soon as offer is received, schedule review appointment
- Review offer, take note of items to discuss with seller
- Contact buyers’ agent regarding questions, any errors, relationship with lender
- Discuss pros and cons with seller
- Review lender letter, contact lender for more information
- Determine seller response and prepare docs for delivery by deadline
- Contact agents who have shown recently, let them know they need to hurry if their client has any interest
- Prepare counter offer if necessary, present to buyer/agent, follow up
Under Contract
- Once offer is signed by all parties, deliver copy to seller, title/closing company, and buyer’s agent
- Note contingency dates on calendar, set alarms
- Touch base with title company, as to whether HOA documents have been obtained already or are still necessary
- Update MLS, showing service, fliers, blog posts, internet that home is under contract
- Once title commitment arrives, discuss with seller. If any problems are noted, assist with resolutions.
- Confirm that inspection date and time works for seller, explain process
- Assist inspector with access
- Review inspection objection with seller, if any, and prepare response
- Negotiate inspection resolution
- Confirm with buyers’ lender that appraisal has been ordered
- Confirm that appraisal date and time works for seller, explain process
- Assist appraiser with access, attend appraisal if needed
- Determine appraisal value meets contract contingency. If not, begin negotiations
- Monitor mortgage commitment process
- Confirm with seller that all inspection items have been completed
Closing
- Schedule closing time and place with all parties
- Confirm whether buyer will do a walk-through, schedule with seller
- Review settlement statements/HUD-1 when available
- Review closing procedures with client (utilities, closing funds, who to expect at the table, process)
- Attend closing
- Pick up lockbox, sign
- Update MLS, showing service, fliers, blog posts, and internet sites that home is sold
- Complete file as required by broker and submit
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